Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open lower on Monday following weak global cues. Asian markets traded mostly lower, while the US stock market ended mixed last week, with the Nasdaq and the S&P 500 hitting record closing highs. Global geopolitical tensions escalated as political tumult…
The combined market valuation of six out of the top 10 most-valued Indian companies soared by ₹2,03,116.81 crore last week, reflecting an optimistic sentiment on Dalal Street. Tata Consultancy Services (TCS) and HDFC Bank emerged as the biggest gainers, riding the wave of a bullish trend that saw the BSE Sensex climbing 1,906.33 points (2.38…
Suraksha Diagnostic Limited raised ₹253 crore from anchor investors ahead of its public issue, according to an exchange filing by the company on Thursday, November 28. The company has allocated 57.56 lakh shares to the anchor investors at an allocation price of ₹441 per equity share with a face value of ₹2 apiece. The anchor…
Stocks to buy for long term: Nifty 50, the benchmark index of the Indian stock market, has seen significant selling pressure of late. The index is now 10.5 per cent down from its all-time high of 26,277.35, reached on September 27 this year. The Nifty 50 ended the previous session with a modest gain of…
Buy or sell stocks: The domestic stock market benchmarks, Nifty 50 and Sensex, are closed today, Friday, November 15, due to the observance of Guru Nanak Jayanti, creating a three-day trading hiatus. On Thursday, both indices extended their losing streak to six consecutive sessions, marking multi-month lows. This decline was attributed to several headwinds, including…
Buy or sell stocks: Indian stock market benchmarks- the Sensex and the Nifty 50– closed with losses for the week ended November 8, primarily due to foreign capital outflow amid concerns over weak Q2 earnings and elevated valuations. A 25 bps rate cut by the US Fed offered no relief as the market had already…
